The future of autonomous driving is no longer a theoretical point in the
distance. It’s here.
The car, which was for so long simply the sum of its parts — a combustion
engine, chassis, wheels — has become so much more. It can now be thought of as
limitless points of data, collected by the automobile itself, fed through
onboard computers and external devices, making the act of driving more
efficient, safer and a whole new experience entirely.
And none of this would be possible without the advent of blockchain
technology. With distributed ledgers enabling the collection, storage and
interpretation of a new avalanche of data, they will be an indispensable tool
in the future of automobiles.
A few pioneers have been leading this charge. There are
automakers like Tesla, which have changed the way we think about our cars and
reintroduced them as super computers that get us from point a to point b. There
are traditional companies in the space like Toyota that, through its Toyota
Research Institute, are reexamining the data their products can collect. And
there are companies like Gem, which are taking their expertise in the
blockchain technology space and tailoring applications for the automotive and
Distributed’s four-part “Driving the Future of Blockchains”
series, to be presented here in the coming weeks, will take a deep dive into
the present and future of blockchain disruption for the automobile industry.
Stay tuned to this space for more.
The “Driving the
Future of Blockchains” series is presented by Gem, a sponsor of
ETH-USD failed to break overhead resistance in the $160 range. This coincided with a failed retest of the supply and demand channel as the market saw a strongly overbought condition.
We are currently stuck between support and resistance, but it seems very likely that we will see a retest of the low $90s before any potential bullish pressure hits the markets. If, for whatever reason, we begin to rally, we need to see a decisive, strong close above the $160 level before any macro-trend-changing behavior is seen.
Bitfury, a developer of blockchain-based hardware and software products, has announced a new initiative: Bitfury Surround. The project aims to build an open-source platform that streamlines operations in the music entertainment industry.